Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Conquistador and Hurricane, from a single manufacturing facility. The manGalaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products:

	Conquistador	Hurricane
Sales price	$4,400		$2,800
Variable cost of goods sold	(2,770)		(1,880)
Manufacturing margin	$1,630		$920
Variable selling expenses	(706)		(388)
Contribution margin	$924		$532
Fixed expenses	(430)		(210)
Operating income	$494		$322

In addition, the following sales unit volume information for the period is as follows:

	Conquistador	Hurricane
Sales unit volume	1,900		1,400

a.Prepare acontribution marginby product report. Compute the contribution margin ratio for each product as a whole percent.

Galaxy Sports Inc. Contribution Margin by Product
	Conquistador	Hurricane
Contribution margin Cost of goods sold Direct labor Gross profit Sales Sales	$Sales	$Sales
Fixed cost of goods sold Fixed selling expenses Manufacturing margin Sales Variable cost of goods sold Variable cost of goods sold	Variable cost of goods sold	Variable cost of goods sold
Contribution margin Cost of goods sold Fixed manufacturing costs Gross profit Manufacturing margin Manufacturing margin	$Manufacturing margin	$Manufacturing margin
Fixed cost of goods sold Fixed selling expenses Manufacturing margin Sales Variable selling expenses Variable selling expenses	Variable selling expenses	Variable selling expenses
Contribution margin Cost of goods manufactured Fixed manufacturing costs Fixed sales Manufacturing margin Contribution margin	$Contribution margin	$Contribution margin
Contribution margin ratio Fixed manufacturing costs Fixed sales Manufacturing margin Variable cost of goods sold Contribution margin ratio	Contribution margin ratio%	Contribution margin ratio%

ufacturing facility operates at 100% of capacity. The following per-unit information is available for t